change backup location

In Windows 7 how / where can I change the location of backup files. I have been using the win 7 backup application. The files were being backup to a network drive. Now I want to backup to a 64meg thumb drive. How to I change the drive location within the win7 backup application?

In Windows 7, click the Start orb, type in backup, click "Backup and Restore" at the top of the list, click the "Options" button, click "Change backup settings", select the location. click the "Next" button and follow the on-screen instructions.

In Windows 7, click the Start orb, type in backup, click "Backup and Restore" at the top of the list, click the "Options" button, click "Change backup settings", select the location. click the "Next" button and follow the on-screen instructions.

Thank you. This was very helpful. It seems so evident now, I feel both blind and foolish.